You are managing a project under a fixed-price incentive fee contract with a ceiling price of $1,200,000, a target cost of $1,000,000, and a target price of $1,100,000. If the buyer's share ratio is 80/20, what is the Point of Total Assumption (PTA)?
$1,125,000
$1,500,000
$1,025,000
$1,000,000